Drift victims begin filing claims… but compensation isn’t what some expected
Following the Drift hack and losses exceeding $295 million, the claims process has begun using the DFX compensation token.
💰 1 DFX for every 1 USDT in eligible losses
But at launch, the compensation fund held only around 3.1 million USDT, bringing the initial recovery value to about 1% of losses.
Those affected have several options:
• Redeem DFX now
• Hold on to it
• Or sell it while waiting for potential future recovery funds
⚠️ Opening claims is an important step, but it doesn’t mean victims have received full compensation.
The real question now: Can Drift raise enough recovery funds to compensate those affected?
$DRIFT $SOL
#DriftHackVictimsBeginClaims
Following the Drift hack and losses exceeding $295 million, the claims process has begun using the DFX compensation token.
💰 1 DFX for every 1 USDT in eligible losses
But at launch, the compensation fund held only around 3.1 million USDT, bringing the initial recovery value to about 1% of losses.
Those affected have several options:
• Redeem DFX now
• Hold on to it
• Or sell it while waiting for potential future recovery funds
⚠️ Opening claims is an important step, but it doesn’t mean victims have received full compensation.
The real question now: Can Drift raise enough recovery funds to compensate those affected?
$DRIFT $SOL
#DriftHackVictimsBeginClaims
